ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made by the AO u/s 271D

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made by the AO u/s 271D

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made by the AO u/s 271D

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made by the AO u/s 271D

ROSHAN AGARWAL,SIKKIM vs. DCIT, CENTRAL CIRCLE 3(2),, GANGTOK

Bench: SHRI RAJESH KUMAR, ACCOUNTANT MEMBER SHRI PRADIP KUMAR CHOUBEY (Judicial Member)

disallowance u/s 14A of the Act are also covered in favour of the assessee as the income from all sources in the State of Sikkim is exempt. Consequently, the appeals are allowed. 15. The only issue raised by the assessee is against the confirmation of penalty of Rs. 35,00,056/- as made by the AO u/s 271D

INCOME TAX OFFICER, BURDWAN vs. PAHARHATI O UTTAR MEMARI COOPERATIVE AGRICULTURAL MARKETING SOCIETY LIMITED, BURDWAN

In the result, the appeal of the Revenue is dismissed

Bench: Shri Sanjay Garg & Shri Rakesh Mishraassessment Year: 2017-18

disallowed and added to your total income u/s 40 A (3) of the I.T. Act’1961 for the F.Y. 2016-17 relevant to the A.Y. 2017-18.” 6.1 The Ld. AO continues thereafter as under: ITA No.1455/KOL/2023; A.Y. 2017-18 Paharhati O Uttar Memari co-operative agricultural Marketing Society Limited “After considering all other documents and submission of the assessee

DEPUTY COMMISSIONER OF INCOME TAX, KOLKATA vs. LAKHOTIA DIAGNOSTIC SERVICE PRIVATE LIMITED, KOLKATA

In the result, the appeal filed by the Revenue is dismissed

Bench: Sri Rajesh Kumar & Pradip Kumar Choubey

disallowance of interest on unsecured loan. It is observed that both the unsecured loans and the interest thereon was part of the assessee's books of account and was there before the AO during the course of assessment proceedings u/s 143(3), but no additions were made in this regard in the order u/s 143(3). So, in respect

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LTD., KOLKATA

In the result, the appeals of the Revenue are dismissed and the\nCOs of the assessee are partly allowed

Section 68 of the Act, three ingredients were necessary.\nFirstly, identity of the parties to the transaction of loan, second is the\ncreditworthiness of such parties and thirdly the genuineness of the transaction.\nIt was submitted in vain that neither of the ingredients were satisfied.\n5. As discussed above, since the requisite material was furnished by assessee\nshowing the identity

RAJENDRA KUMAR MISHRA,KOLKATA vs. ACIT,CIR-47,KOLKATA, KOLKATA

In the result, appeal of the assessee is allowed for statistical purposes

Bench: Shri Sonjoy Sarma & Shri Girish Agrawalassessment Year: 2014-15

section 269SS and 269T of the I.T. Act, 4 Rajendra Kumar Mishra, AY 2014-15 1961 when he added the two sum of receipt and payment of loans in cash of Rs.20,000/- & above by the assessee during the F.Y. 2013-14 on account of their "disallowance u/s 269SS and 269T" of the I.T. Act, 1961, where the right course

DEWARS GARAGE LIMITED ,ACIT vs. A CIT-5 (1) , KOLKATA

In the result, appeal of the assessee is dismissed

disallowed the employees’ contribution to welfare fund due to delay in deposit and also certain other expenditures not allowable being incurred for business and assessed the loss at Rs.1,27,93,243/- as against the loss declared in the return at Rs.1,42,78,245/-. Subsequently, the ld. Pr. CIT called for the assessment records and after going through

GURUPADA MAJI,PURULIA vs. ADDL. C.I.T., CENTRAL RANGE - 2,, KOLKATA

In the result, all the four appeals of the assessee are allowed for statistical purposes

Bench: Shri George Mathan & Shri Rakesh Mishra

271D of the Act, dated 28.12.2022. I.T.A. Nos.: 376, 391, 392 and 393/KOL/2025 Assessment Years: 2018-19 to 2021-22 Gurupada Maji. Since the issues in all the four appeals are common, they were heard together and are being decided vide this common order for the sake of convenience and brevity 2. We will take up the appeal

GURUPADA MAJI,PURULIA vs. ADDL. CIT, CENTRAL RANGE - 2,, KOLKATA

In the result, all the four appeals of the assessee are allowed for statistical purposes

Bench: Shri George Mathan & Shri Rakesh Mishra

271D of the Act, dated 28.12.2022. I.T.A. Nos.: 376, 391, 392 and 393/KOL/2025 Assessment Years: 2018-19 to 2021-22 Gurupada Maji. Since the issues in all the four appeals are common, they were heard together and are being decided vide this common order for the sake of convenience and brevity 2. We will take up the appeal

GURUPADA MAJI,PURULIA vs. ADDL. C.I.T., CENTRAL RANGE - 2,, KOLKATA

In the result, all the four appeals of the assessee are allowed for statistical purposes

Bench: Shri George Mathan & Shri Rakesh Mishra

271D of the Act, dated 28.12.2022. I.T.A. Nos.: 376, 391, 392 and 393/KOL/2025 Assessment Years: 2018-19 to 2021-22 Gurupada Maji. Since the issues in all the four appeals are common, they were heard together and are being decided vide this common order for the sake of convenience and brevity 2. We will take up the appeal

GURUPADA MAJI,PURULIA vs. ADDL. C.I.T., CENTRAL RANGE - 2,, KOLKATA

In the result, all the four appeals of the assessee are allowed for statistical purposes

Bench: Shri George Mathan & Shri Rakesh Mishra

271D of the Act, dated 28.12.2022. I.T.A. Nos.: 376, 391, 392 and 393/KOL/2025 Assessment Years: 2018-19 to 2021-22 Gurupada Maji. Since the issues in all the four appeals are common, they were heard together and are being decided vide this common order for the sake of convenience and brevity 2. We will take up the appeal

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

Section 68 of the Act, three ingredients were necessary. Firstly, identity of the parties to the transaction of loan, second is the creditworthiness of such parties and thirdly the genuineness of the transaction. It was submitted in vain that neither of the ingredients were satisfied. 5. As discussed above, since the requisite material was furnished by assessee showing the identity

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

Section 68 of the Act, three ingredients were necessary. Firstly, identity of the parties to the transaction of loan, second is the creditworthiness of such parties and thirdly the genuineness of the transaction. It was submitted in vain that neither of the ingredients were satisfied. 5. As discussed above, since the requisite material was furnished by assessee showing the identity

DCIT, CENTRAL CIRCLE-1(4), KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

Section 68 of the Act, three ingredients were necessary. Firstly, identity of the parties to the transaction of loan, second is the creditworthiness of such parties and thirdly the genuineness of the transaction. It was submitted in vain that neither of the ingredients were satisfied. 5. As discussed above, since the requisite material was furnished by assessee showing the identity

DCIT CENTRAL CIRCLE 1 4 KOLKATA, KOLKATA vs. MURLIDHAR RATANLAL EXPORTS LIMITED, KOLKATA

In the result, the appeals of the Revenue are dismissed and the COs of the assessee are partly allowed

Bench: Shri Rajesh Kumar, Am & Shri Pradip Kumar Choubey, Jm

Section 68 of the Act, three ingredients were necessary. Firstly, identity of the parties to the transaction of loan, second is the creditworthiness of such parties and thirdly the genuineness of the transaction. It was submitted in vain that neither of the ingredients were satisfied. 5. As discussed above, since the requisite material was furnished by assessee showing the identity